Tae Young-Ho's Eldest Son Sentenced to 3 Years and 6 Months in First Trial for '1.8 Billion Won Virtual Asset Fraud'

연합뉴스-Yonhap News Agency

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(Seoul = Yonhap News) Reporter Lee Bal-geum = The eldest son of former People Power Party lawmaker Tae Young-ho, who was brought to trial for a virtual asset investment fraud worth approximately 1.8 billion won, was sentenced to prison in the first trial.

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Tae Young-ho's eldest son sentenced to 3 years and 6 months in prison in first trial for investment fraud using father's name. The eldest son of former lawmaker Tae Young-ho, who was indicted on charges including embezzling 1.4 billion won by promising to invest in virtual assets, was sentenced to imprisonment in the first trial. On the 4th, Heo Jeong-ryong, presiding judge of the 25th Criminal Division of the Seoul Central District Court, [sent…

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The eldest son of former lawmaker Tae Yong-ho, who was indicted for defrauding people of 1.8 billion won (approximately 213 million yen at current exchange rates; the same applies below) by promising investments in virtual assets, has been sentenced to prison in the first trial. On the 4th, the Seoul Central District Court Criminal Division 25 (Presiding Judge Heo Jeong-ryong) sentenced the defendant, who was charged with violating the Act on Ag…